Boeing and Airbus Estimate Africa's Fleet to Double in the Next 20 Years

DUBAI, UAE, November 4, 2010 - According to Airports Council International's data, the first six months
of 2010 confirm the two-speed world that emerged in 2009. Airports in Europe
and North America posted 1.6% and 1.3% increases respectively in passenger
traffic whereas solid and even double-digit traffic increases were posted by
airports in the Middle East (14.6%), Asia/Pacific (13%), Latin
America/Caribbean (11.7%) and Africa (9.8%).

Vincent Bamberger, partner in charge of ADL's Aviation Practice, observes
in the World Airport Report published recently by Air Transport World that
"since 2001, Asia/Pacific, African and Middle Eastern intercontinental
platforms grew almost twice as fast in relative terms as the European and
American primary hubs."

In its annual Business Aviation Outlook released this October, Honeywell
believes that the longer term outlook for business aviation is also positive.
According to the report, purchase expectations from Africa-based operators of
aircraft decreased from the record 2009 level, but their plans for fleet
expansion and replacement over the next five years are still above North
American levels.

In a report published by Flight Global earlier this year, Boeing and
Airbus estimate Africa will require 620-929 new aircraft over the next 20
years, more than doubling the current continental fleet of 660. With mature
markets such as the US and Europe, the African aviation market will register
unprecedented growth with an increasing demand for new aircraft and new
routes to airports. However, to face the massive influx of new aircraft
encompassing high technologies, airport technology and infrastructure will
have to keep pace to enhance traffic capacity and ensure safety.

As a result of the booming African aviation development market, the scope
of airport projects in Africa is wide as all services and solutions related
to airport development, expansion, refurbishment and modernisation are
required.

IQPC's Airport Expansion & Development Africa 2010 (29 November to 2
December 2010, Hilton Nairobi, Kenya) will bring together governments,
airport authorities, civil aviation authorities and airline operators to
discuss strategies and opportunities for growth in the African airport
development market.

38 international and regional experts from the entire value chain will
share their best practices for developing world-class airports as well as
present the latest airport project updates and future initiatives. Other
topical issues to be discussed include the strategies and tools to achieve
safety, control security and drive airport revenue.

This summit is a closed-door affair reserved only for key decision-makers
who are driving the development of the African airport industry and event
sponsors. It is however held in parallel with an exciting industry-led
solution showcase which will feature leading suppliers and service providers
who will play key roles in Africa's airport development plans for the future.

    Olivia Modisakeng
    Olivia.modisakeng@iqpc.com
    +971-50-9127433

Olivia Modisakeng, Olivia.modisakeng at iqpc.com, +971-50-9127433